Apple reports its March quarter results after the market closes next Tuesday, May 1. (Note that I own Apple shares and have sold Call options). The iPhone concerns are very similar to what investors experienced in January before Apple announced its December quarter results. I’ve then compared what the shares are currently doing and how this quarter compares to three months ago. Nine days ago on April 17 Apple shares hit their most recent high of $178.24, which is $1 lower than the high they hit on January 18.
Source: Forbes April 28, 2018 18:00 UTC